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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has shared an update.
Australian Foundation Investment Company Limited (AFIC) announced an estimated pre-tax net tangible asset (NTA) backing per share of $8.03 as of May 9, 2025, compared to the ASX closing share price of $7.10 on the same date. This estimation highlights a potential undervaluation of AFIC shares, which may interest investors seeking opportunities in the Australian equities market.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on providing investment opportunities through a diversified portfolio. The company primarily invests in Australian equities, aiming to deliver capital growth and consistent income to its shareholders.
YTD Price Performance: -2.63%
Average Trading Volume: 527,660
Technical Sentiment Signal: Hold
For an in-depth examination of AFI stock, go to TipRanks’ Stock Analysis page.